The World's Largest Oligarchy?
March 1, 2011 7:09 AM Subscribe
Is India an oligarchy?
posted by saulgoodman (62 comments total)
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Late last year, when India's income tax office tapped the phone of well-connected lobbyist, Niira Radia
, they were looking for evidence of tax evasion and money laundering. But what they found instead was what many consider evidence of an even bigger problem: "[T]he tapes reveal that the country that prides itself on being the world's largest democracy is really ruled by a small coterie of powerful people." Some of the leaked tapes that sparked the scandal are available online
, on the website of the weekly magazine that first broke the story, as well as a few transcripts
"Journalist and historian Prem Shankar Jha says the convergence of money and political power in India stems from a problem that's also fiercely debated in the United States: 'The lack of any system for financing elections.'" More context here
. Perhaps not too surprisingly, considering the allegations of media collusion, there have been persistent complaints of a "media blackout" surrounding coverage of the story in India